VIPnet claims to hold nearly 60 percent of mobile broadband market

Croatian mobile operator VIPnet, a subsidiary of Telekom Austria, has
reported that it increased its subscriber base by 4.7% year-on-year to
2.6 million at the end of December 2009, which it claimed gave it a
market share of 42.6%.

Croatian mobile operator VIPnet, a subsidiary of Telekom Austria, has reported that it increased its subscriber base by 4.7% year-on-year to 2.6 million at the end of December 2009, which it claimed gave it a market share of 42.6%.

In addition the cellco revealed that its number of mobile broadband customers reached 137,000 at the end of the year, up by around 77% year-on-year, giving it a near-60% share of the segment, it claimed.

VIPnet posted annual revenues of EUR477 million (USD646 million), down from EUR524 million the year before, as increases in its post-paid subscriber base failed to offset reductions in blended ARPU.

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